The Childrens Center
- Assets
- $4.0m
- Revenue
- $13.8m
- Investments
- $0.0
- Employees
- 232
- Location
- Franklin, VA
- Founding
- 01/1984
- Data as of
- 06/2024
- EIN
- 52-1317062
Organization Overview
The Childrens Center is located in Franklin, VA. The organization was established in 1984. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2024, Childrens Center employed 232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Childrens Center generated $13.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $13.6m during the year ending 06/2024. While expenses have increased by 7.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO NURTURE AND EDUCATE CHILDREN AND THEIR FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START & EARLY HEAD START PROGRAMS HEAD START PROVIDES FAMILY-CENTERED SERVICES TO LOW-INCOME FAMILIES WITH CHILDREN FROM AGES THREE TO FIVE. HEAD START PROMOTES THE PHYSICAL, COGNITIVE, SOCIAL, AND EMOTIONAL GROWTH OF THE YOUNG CHILDREN AS WELL AS SUPPORTS PARENTS' ROLES AS PRIMARY CAREGIVERS AND EDUCATORS. EARLY HEAD START PROVIDES EARLY CHILDHOOD EDUCATION AND FAMILY HEALTH SERVICES TO LOW-INCOME FAMILIES WITH CHILDREN UNDER THE AGE OF THREE. ALL CHILDREN ARE PROVIDED WITH DEVELOPMENTAL SCREENING. SERVICES ARE OFFERED THROUGH FULL-TIME CHILD CARE AND HOME VISITS FOR PARENT EDUCATION AND SUPPORT.
EARLY INTERVENTION/PART C PROGRAM SERVES CHILDREN WHO ARE BIRTH TO THREE YEARS OF AGE AND HAVE DEVELOPMENTAL DELAYS OR DISABILITIES. THE PROGRAM PROVIDES FAMILIES WITH INFORMATION, SUPPORT, AND SERVICES THEY NEED TO ENCOURAGE THEIR CHILD'S DEVELOPMENT. CHILDREN ENROLLED OFTEN HAVE COMPLEX NEEDS INCLUDING HEALTH IMPRAIRMENTS. PEDIATIC THERAPY SERVICES ARE ALSO OFFERED. A SERVICE COORDINATOR HELPS ENSURE THAT SERVICES ARE COORDINATED WITH HEALTH CARE AND OTHER COMMUNITY SERVICES. SERVICES SUBJECT TO FEES ARE OFFERED ON A SLIDING FEE SCALE BASED ON THE FAMILIES' ABILITY TO PAY. NO CHILD IS DECLINED SERVICES BECAUSE OF AN INABILITY TO PAY.
EARLY LEARNING PROGRAM PROVIDES LICENSED CHILD CARE AND EARLY CHILDHOOD DEVELOPMENT SERVICES FOR CHILDREN WHO ARE SIX WEEKS OF AGE THROUGH FIVE YEARS OF AGE. THE CENTERS PROVIDE CARE FOR CHILDREN WITH AND WITHOUT DISABILITIES IN AN INCLUSIVE LEARNING ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosalind Cutchins Executive Di | Officer | 40 | $94,230 |
Janet Owen Operations D | Officer | 40 | $81,087 |
Kirsten S Ericksen Board Member | Trustee | 0.26 | $0 |
Deanneen Goodrich Board Member | Trustee | 0.22 | $0 |
Deborah Goodwyn Board Member | Trustee | 0.28 | $0 |
Lauren P Harper Board Member | Trustee | 0.37 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ar Chesson Construction Co Inc Bldg Addition | 6/29/24 | $296,998 |
Vps Recreation Playgrd Equip | 6/29/24 | $193,255 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $75,016 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,176,216 |
| All other contributions, gifts, grants, and similar amounts not included above | $368,799 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,620,031 |
| Total Program Service Revenue | $1,153,043 |
| Investment income | $8,578 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,821,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $179,497 |
| Compensation of current officers, directors, key employees. | $139,638 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,956,788 |
| Pension plan accruals and contributions | $37,729 |
| Other employee benefits | $667,216 |
| Payroll taxes | $543,243 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,276 |
| Fees for services: Accounting | $17,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $664,662 |
| Advertising and promotion | $1,541 |
| Office expenses | $445,163 |
| Information technology | $172,839 |
| Royalties | $0 |
| Occupancy | $2,314,387 |
| Travel | $244,716 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $82,285 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,266 |
| Insurance | $109,277 |
| All other expenses | $18,549 |
| Total functional expenses | $13,641,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,516,861 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $331,616 |
| Accounts receivable, net | $113,256 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $895,495 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $106,016 |
| Total assets | $3,963,244 |
| Accounts payable and accrued expenses | $665,392 |
| Grants payable | $0 |
| Deferred revenue | $1,749 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $181,472 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,011 |
| Total liabilities | $849,624 |
| Net assets without donor restrictions | $2,621,629 |
| Net assets with donor restrictions | $491,991 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,963,244 |